Last $14.32 USD
Change Today -0.56 / -3.76%
Volume 5.7M
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As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Ronald M. Faris

Chief Executive Officer, President, Director, Member of Executive Committee and Member of Compliance Committee, Ocwen Financial Corp.
AgeTotal Calculated CompensationThis person is connected to 5 board members in 1 different organizations across 2 different industries.

See Board Relationships
51$1,638,600
As of Fiscal Year 2013

Background*

Mr. Ronald M. Faris, also known as Ron, has been the President of Ocwen Financial Corp. since March 2001 and its Chief Executive Officer since October 28, 2010. He serves as President and Chief Executive Officer at Ocwen Loan Servicing, LLC. Mr. Faris served as President of Ocwen Asset Management segment at Ocwen Financial Corp. Mr. Faris served as President of Ocwen Federal Bank FSB since March 2001. He served as Executive Vice President of Ocwen and Ocwen Federal Bank ...

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Corporate Headquarters*

2002 Summit Boulevard
Atlanta, Georgia 30319

United States

Phone: 561-682-8000
Fax: --

Board Members Memberships*

2003-Present
Chief Executive Officer, President, Director, Member of Executive Committee and Member of Compliance Committee

Education*

BS
Pennsylvania State University

Other Affiliations*

Annual Compensation*

Salary$540,000
Total Annual Compensation$540,000

Stock Options*

All Other Compensation$5,100
Exercised Options66,950
Exercised Options Value$2,962,075
Exercisable Options1,345,166
Unexercisable Options77,500
Total Value of Options$2,962,075
Total Number of Options1,489,616

Total Compensation*

Total Annual Cash Compensation$1,638,600
Total Short Term Compensation$540,000
Other Long Term Compensation$5,100
Total Calculated Compensation$1,638,600
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Alessandro P. DiNello Chief Executive Officer, President, Director, Chief Executive Officer of Flagstar Bank and Director of Flagstar Bank
Flagstar Bancorp Inc.
$1.4M
Jay Bray Chief Executive Officer and Director
Nationstar Mortgage Holdings Inc.
$450.0K
Glen A. Messina Chief Executive Officer, President and Director
PHH Corporation
$857.2K
Mark J. O'Brien Chairman and Chief Executive Officer
Walter Investment Management Corp.
$575.0K
John P. Van Vlack Principal Executive Officer, President, Director and Member of Executive Committee
Home Loan Servicing Solutions, Ltd.
$325.0K
Compensation as of Fiscal Year 2013.

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